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A baseball team plays in a stadium that holds 50000 spectators. With the ticket price at $3 the average attendance has been 22000. When the
A baseball team plays in a stadium that holds 50000 spectators. With the ticket price at $3 the average attendance has been 22000. When the price dropped to 5?, the average attendance rose to 25000. Assume that attendance is linearly related to ticket price. What ticket price would maximize revenue? 5|
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